CPI Aero swings to Q2 net income of $0.7 million on revenue of $17.6 million
CPI Aerostructures reported results for the quarter ended June 30, 2026, with revenue of $17.6 million, up from $15.2 million a year earlier, and net income of $0.7 million, or $0.05 per diluted share, compared with a net loss of $1.3 million in the same quarter of 2025. For the six months, revenue was $34.9 million and net income was $1.9 million, compared with a net loss of $2.6 million a year earlier, and the company cited a total backlog of $533 million.
Key points
- Q2 2026 revenue of $17.6 million vs. $15.2 million in Q2 2025; gross margin of 22.0% vs. 4.4%
- Q2 2026 net income of $0.7 million ($0.05 per diluted share) vs. net loss of $1.3 million ($0.10 loss per share)
- Six months 2026 net income of $1.9 million vs. net loss of $2.6 million; adjusted EBITDA of $3.5 million vs. $(2.5) million
- Total backlog of $533 million, including $433 million unfunded backlog of future orders
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.